Downturn through 2009 (being blunt)
to 8%. Arima Computer changed its name to Elcoteq
• cut its 2009 IT spending growth Arima Photovoltaic and Optical. • appointed Roger Taylor Sr. VP group
forecast from 5.8% to 2.3%. It Asustek delayed its previously announced operations.
sees W Europe down 0.8% and N hiring of 3000 employees until 2H’09. • celebrated 10th anniversary at its Pecs,
America up 0.5 %. AWS Electronics Group is using its £5.5m Hungary plant.
• stated that the global PC market equity investment from Barclays Ventures • is expanding its production in Russia
grew 15% y/y in 3Q’08 to 80.6 to finance upcoming acquisitions and fund in 1Q’09.
million units on the strength of organic growth. Epic Technologies named Mike Goryl VP
mini-notebook shipments. Axis Electronics appointed Paul Jackson of Human Resources.
• expects worldwide semiconduc- manufacturing director and Chris Nye FCT Assembly appointed Horizon Sales as
tor equipment CAPEX to decline materials director. its representative for its assembly materi-
25.7% in 2008, 12.8% in 2009 and Ayrshire Electronics acquired ACT Elec- als division in Michigan, Indiana, Ohio,
return to growth in 2010 tronics. Kentucky and Western Pennsylvania.
Japan’s yen is at its strongest level vs. the
Catalyst Manufacturing Services Flextronics
US dollar since August 1995.
• was awarded a 2nd Assembly and Test • donated US$400,000 to Habitat for
China’s trade surplus widened to $35.2
Services program for mission critical Humanity to help those affected by the
billion in October, a new record, mostly
hardware by NASA. Sichuan, China earthquake.
because of a sharp slowdown in imports.
• added a Microsoft Dynamics NAV 5.0 • laid off 40 employees in Linköping,
The U.S. Fed reduced its benchmark
ERP system across all of its facilities. Sweden and 70 in Taiwan.
federal funds rate a half point to 1% in
Celestica received a manufacturing con- • has 100 factories operating at full
October. Historically it has taken 12-18
tract from Astute Networks for its Caspian capacity.
months for a rate cut to spur economic
Edge Storage suite of AdvancedTCA • is closing its Pennsylvania subsidiary,
growth.
solutions. Avail Medical Products by the end of
Ocean container freight rates plunged
Cemtron (Dalgety Bay, Scotland) entered 2008.
as global economic slowdown reduced
administration. • created a global team dedicated to
demand.
Compal Electronics advanced solar solutions.
The technology industry is now getting
• injected US$61.2 million in affiliate Foxconn
squeezed on two sides: established compa-
VIBO Telecom through a share swap. • postponed its project deadlines for its
nies are struggling with slackening demand
• put its capacity expansion in Vietnam electronics production in St. Peters-
while venture capitalists are telling start-
and China on hold. burg, Russia.
ups to cut costs and plan for a prolonged
• expects to add an additional 300 R&D • leased 40,000 SF of office space in
downturn.
technicians in 2009. Houston, Texas
CTS secured a contract for an electronic • introduced its second “Green Series”
electronic manufacturing services &
throttle control accelerator pedal module board.
related assembly activity
from a major Japanese automotive manu- • was the third largest connector supplier
ACT Electronics
facturer. in China in 2007 with shipments of
• closed its Hudson, MA, facility and
Delphi’s former Oak Creek PCB workers $435.4 million and 6.2% market share.
laid off employees in Corinth, Missis-
received trade adjustment assistance and a • Foxlink
sippi.
$1.8 million grant from the U.S. Depart- • received mid-range handset orders
• sold its Mississippi division assets to
ment of Labor. from Vodafone.
CDR Manufacturing.
Dynamic-EMS added a BTU Pyramax • acquired a 3G CDMA module/modem
Adeptron appointed Francis Lindayen
SMT reflow oven, a Horizon 03i SMT card patent license from Qualcomm.
CFO.
screen printer, a Kardex vertical storage HANZA Poland is expanding its produc-
AdoptSMT Group appointed Barry Clark
system and QuoteWin software and host- tion hall to 3500 m2 and adding addition-
managing director of its London-based
ing services to its Dalgety Bay, Scotland al assembly lines.
AlternativeSMT group.
manufacturing facility. Incap terminated 12 positions and tempo
20081112
20080913
Electronic Equipment Suppliers
Large EMS Providers
Composite of 61 Public Companies
Composite of 11 Public Companies
Quarterly Revenue Growth Quarterly Revenue Growth
% Growth (quarter vs same quarter in prior year)
20.0
Actual +
CCG
% Growth (quarter vs same quarter in prior year)
15.0 Estimates
60.0
10.0 40.0
12% Growth
due mostly to
5.0
Foxconn & Flextronics
20.0
0.0
0.0
-5.0
-10.0
Avg 4Q Guidance
4Q'08
-20.0
Guidance
-6%
-15.0
-40.0
1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
01 02 03 04 05 06 07 08
01 02 03 04 05 06 07 08
Benchmark+Pemstar, Celestica, Elcoteq, Flextronics+Solectron, Foxconn, Jabil, Plexus, Sanmina-SCI,
Computer 13, Internet 2, Storage 9, Telecom 6, SEMI 14, Medical 4, Instruments 7, Military 6 Sypris, Universal Scientific, Venture Mfg
Chart 3. Chart 4.
www.globalsmt.net Global SMT & Packaging – December 2008 – 31
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60